Q1 2021 Tomra Systems ASA Earnings Presentation Transcript

Apr 23, 2021 / 06:00AM GMT
Presentation
Apr 23, 2021 / 06:00AM GMT

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Corporate Participants
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* Espen Gundersen
Tomra Systems ASA - Deputy CEO & CFO
* Georgiana Radulescu
Tomra Systems ASA - Director of IR
* Stefan Ranstrand
Tomra Systems ASA - President & CEO

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Stefan Ranstrand - Tomra Systems ASA - President & CEO

Ladies and gentlemen, good morning, and welcome to the First Quarter Presentation of 2021 for the TOMRA Group. My name is Stefan Ranstrand. I am the CEO of the group. I'm here today with Espen Gundersen, our CFO; and Georgiana Radulescu, our Head of IR.

It's an exciting quarter, which we're happy to report to you. We are still in the pandemic, and we see effects of the pandemic in the quarter. And the highlights are that we are reporting very strong performance in Collection, weaker revenue in Recycling Mining, flat revenue in Food. And all in all, that leads to the group revenue growth with 3%.

We have stable gross margins in the quarter,

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